$680K
$116,325
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Try Picki for FREEConfidence
Medium
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Low
Discover the charm of this 4.2-acre secluded property, just minutes from Grass Valley Tavern and a short drive to Northam. This rural escape blends privacy and modern comfort, featuring a 2024-built, 2-bedroom, 2-bathroom home with open-plan living, a well-equipped kitchen, and reverse air conditioning. Enjoy a spacious porch with private access. Numerous sheds, including a colossal 11x15m powered shed, cater to storage needs. A new blue metal driveway and 16 solar panels enhance the property. Ideal for lifestyle seekers.
Trusted by over 13k property buyers and counting...
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84.5%
$310K
452.9%
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Try Picki for FREE-$100,000
-$19,203
2.9%
Asking Price
$680,000
Estimated Purchase Price
$680,000
Stamp Duty
$26,315
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$68,000
Reg. Mortgage
$203
LMI Premium
$19,389
Renovation Costs
-
Total Cash/Equity Required
$116,325
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.2% PA
$1,620
$2,306
Rates
+3.0% PA
$1,476
$1,926
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$12,959
$19,058
Interest Repayments
$40,392
$40,392
Net Cashflow Before Tax
-$27,433
-$21,334
Depreciation
-
-
Tax Offset
-$8,230
-$6,400
Net Cashflow After Tax
-$19,203
-$14,934
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$612,000
$612,000
$7,440
$507,800
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 13.0%
Education and Training - 10.0%
Retail Trade - 9.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price